Eastern Ohio Housing Development Antonik

Charity Navigator Rating: Needs Improvement (Rating: Two-Star out of Four Stars, Score: 71%)

Eastern Ohio Housing Development Antonik has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. While the organization has a strong foundation with 100% independent board members and a solid audit of its financial statements, it falls short in implementing certain important policies, particularly in whistleblower protection and document retention.

The organization demonstrates a commendable program expense ratio of 73.63%, showing that a significant portion of its expenses is allocated towards its mission-related activities. However, the liabilities to assets ratio raises concerns, recorded at 77.39%, which might indicate financial strain or risk. The absence of a publicly posted tax form also detracts from transparency efforts.

Overall, while Eastern Ohio Housing Development Antonik exhibits strengths in board independence and financial oversight, the noted gaps in important governance policies and financial health suggest that potential donors should carefully consider these factors before supporting the organization.

This AI summary has been generated from information found on Charity Navigator.

Eastern Ohio Housing Development Antonik is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Ohio Housing Development Antonik submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $40,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,749

For more financial information, click here